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It's almost 6 months since the coronavirus took its toll on every aspect of human lives. it has been accompanied by widescale job loss, a rise in the unemployment rate, a reduced standard of living, and intense hardship. From the economic perspective, what will be the fate of the global economic situation and normal day to day business if this pandemic doesn't go away by the end of this year?

The socioeconomic impact of this crisis could be felt for a lot longer, that's how crises work...

I think we could see a trickle down affect occurring a lot of the time so the working class will probably be the worst hit by this as a lot of engineers may be unemployed. If unemployment rises in Europe, a lot of money could be lost by companies due to paid severance that's required for every worker (not sure about other continents)...

The impact of every crises lasts a very long time, it may take up to 3 years for a lot of people to find work or some may never since automated systems may have taken the place of staff during this time.

I would say we can surely see worse than these. And I think if these will happen corona virus is not the major problem to solve but the chaotic madness of every individual or group of people who are willing to do anything they want for survival.

The same as what we're experiencing today. But all of these are temporary because we'll be going back to normal as soon as possible whenever we've got to see the vaccine. It will end all of these bad things that are happening to us.

The adjustment has to be made so that it can ensure everyone's safety but the recoil of it to the economy is huge. There will be a slowmo recovery as for the economy because most countries are starting to allow businesses to get back again to their operations.

Where I am living, the government is almost pushing people to physically go to work (instead of working at home), some people say that leaders are afraid of the effects of a big portion of the population only working at home (less taxes from transportation/fuel, less employment in restaurants around workplaces, drop of real estate prices if companies decide to downscale their facilities, etc)

It will be interesting to see what will happen in the next months.

I have a friend here in our country which their company started to work 6 days a week with a salary of only 3 days, they started that way last month. But it is only until November or early since the government allowed some companies/businesses to do that kind of way to keep their employees.
So for sure, if we will still be the same until end of the year, it could be a huge impact on some countries especially for those third world countries.

For sure most of us here experienced this for the first time and many aren't ready for it. Many remained jobless, some are even begging in the streets for money or even food for them to eat.

The virus' peak is around March-April where most of the countries imposed a lockdown to prevent it to spread. Now we are at the halfway of 2020 and the cure for the virus isn't there yet. A new vaccine for a new strain of virus can be created between 12-18 months at average so there is a chance that the virus will still be there by the end of this year although I can't say that it will remain a pandemic at that time.

Some of the countries are removing lockdowns already and some business are slowly reopening although small and medium enterprises and business are either closed permanently or temporarily because of this. I think that the virus will still be there till the end of the year but I don't know if it will remain as a pandemic or not.

There is almost no chance it will "go away" by year end. The virus mutates too slowly to burn itself out by then. Transmission data is now suggesting (at least in the US) that there will be no second or third wave, just a never-ending slow burn of cases. Even the most optimistic vaccine timelines (which themselves are not realistic) come with problems: inability to produce the vaccine at scale for billions of people, and strong anti-vaccine sentiment.

All that to say we shouldn't speculate about the pandemic ending so soon. We should definitely be preparing for it to stay with us through the end of the year.

As far as what to expect, it obviously depends where you live. If things get really bad in the US economically, they can just keep printing money, extending unemployment, placing moratoriums on mortgages and evictions, sending out direct payments, bailing out companies, etc. to prevent the worst outcomes. The fallout in poor countries who don't have those luxuries will be much worse. For example, the number of people expected to go hungry in 2020 has doubled year over year. Most of that is in very poor countries.

First of all, still there is no approved medicine found to cure corona virus and peak number of cases is still expected at the final quarter of this uear so for sure this year going to be end with corona lockdown only.Unemployment is the major issue of lockdown, some countries lifted lockdown after controlling the spread but it started to spread again once the restriction were lifted.

We may see hunger all over the earth if this spread last longer and most countries will be in economics depression will take years to decades to get recovered.

With the pandemic lasting over the year, I do think that we will let ourselves succumb to it because that kind of timeframe should give us some solution even if some of those solutions are bad-aid solution, people by that time would be very cautious and financial strategies that are solid should be operational by that time, I do not think that we should be pessismistic about this pandemic because there are solutions that can be seen if we are to clear our minds. It is true that hunger and unemployment would be a problem but by that time there will be measures taken and I hope that those measures will last until the cure.

Here's the fact, the global economy won't recover in the nearest future as many are hoping for. The best it can do is cope with the pandemic and that's exactly what's ongoing in most part of the world. The pandemic and the economy would gradually learn to coexist, that's our regular life will begin as usual with few precautions not minding the pandemic still existing. If we think we can stay indoors and expect a progressive economy then we must be day dreamers and the government printing more money won't solve the problem instead it'll worsting the situation and might shutdown the economy permanently.

It's been quite a well the world experience such global meltdowns (spike in death cases) so I believe that's why many government panic and join the shutting down of their economy just to contain the virus but they're begining to understand that, that isn't the perfect solution and with time (assuming the virus persist) we'll have better solution to combat the pandemic.

Even if the pandemic suddenly disappears today, we will still be feeling the economic impact for years to come. We have had the huge bailouts already. What comes next is that we have the consequences of the lockdown, plus the consequences of the bailouts. Some companies will scale back, some will shut down entirely, huge numbers of people will become unemployed. This is due to the loss of custom during lockdown, and the uncertainty of the 'new normal' of restricted reopenings and reduced capacity due to the requirement for social distancing. On top of this, the bailouts have been a temporary measure just to keep everything from collapsing immediately. The bailouts don't return everything to normal permanently, they just keep 'normal' ticking over until economic activity can resume. When such vast amounts of money have been created out of thin air, there is always an economic price to pay afterwards, as we saw in 2008... the difference this time being that the situation is much worse.
But there are opportunities here as well. The oil price has collapsed and there is a lot of pressure to initiate a green recovery. Whether or not governments will embrace this opportunity is of course open to question.

Certainly many countries will fall into recession or worse than crisis. You know, many countries now have a hefty income based on services, but now the corona virus disease has spread and hampers many services. the longer it lasts, the less cash flow will flow and we will face economic crisis.

Things are starting to go back to normal here in the UK and i've noticed a lot more people outside. I don't imagine this going on longer but it'll be an aspect of our lives that we may have to cooperate with especially in densely populated areas.

Many scientists have already mentioned that this virus is here to stay and won't disappear anytime soon. A vaccine will probably be globally available by mid-2021 by which majority of the world population would have already gotten used to living with the virus.

Lockdowns have been lifted in most places due to which economies are slowly and steadily recovering. We survived way worse situations in the past(Flu, Black Death etc) which is why most people will outlive this virus too.

As long as protocols coming from WHO the majorities of all the people around the world will survive even this virus
is co-existing with us.


Places where lockdown was already lifted, people will comes to continue living, risking their lives going back to work
or businesses, having no other options just to survive.

There is really a possibility that this pandemic will still be here at the end of the year since it will probably take a year before the vaccine will be made. I think the global economy will face some struggles due to the pandemic. We can't easily go back to how the economy normally runs. Most businesses are trying to operate again but the pandemic is still limiting us with our activities.

I think the best thing we can do right now is to adjust to the changes and protocols to survive the pandemic as well as saving the economy. As I have seen in normal day to day operations of some businesses, some are working from home while others are taking turns with their new schedule when will they go to work, it's to keep social distancing even at work. However, it's affecting their salaries since they cannot work with the total number of days in a month compared before. That's why it feels like it is up to us whether to risk our lives to live, or not to risk to live. It's undeniably affecting all of us, from school, work, salaries, doing errands, and the whole economy. It's not easy for an economy to recover from this so I guess we will really see the changes in the performance of the economy and how it will affect us.

Goldman Sach was able to provide information that even until the end of 2022, Corona will still exist and remain a pandemic in many countries

Corona began to become a pandemic in many countries since March 2020. This has resulted in the economy slowing down until now. In these 3 months due to the decline in economic activity, we can say we are in a recession. If the recession is not controlled, there will be inflation. If the pandemic continues until the end of the year, then the recession will move wildly pressing the economy into depression, and if until the end of 2021 or 2022 will continue to become great depression.

The last time the Great Depression happened, the world order changed with the United States as the winner of the Second World War turned the situation from loser to winner. Some people think that a pandemic will lead to a new order.

If the epidemic continues until the end of the year it will lead to a worse situation in the world Now the whole world economy is under a lot of threat and if it lasts longer then the recession will happen and the poor helpless people will die due to lack of food. But I don't think it will last very long Everyone is hoping that by September the situation in the whole world will be under control.

Scientists, doctors, and other front liners are doing everything, so they could be able to provide a vaccine to stop COVID-19. But it will really take a long time for it will be globally available, so I hope the virus cases will steadily recovering in every country to avoid huge problems in a country.

From my point of view, if the pandemic will continue till the end of the year, a lot of people will definitely die to starve because some of them already lost their jobs and some businesses got bankrupt. So criminal or illegal acts might increase for them to provide their family needs.

There is a possibility that the pandemic will continue till the end of this year or even next year as long as there is no accurate medicine for this covid virus. That's why our hope depends on God and on those experts in medicine to provide a cure so that pandemic will stop and we can go back to normal.

Not being a negative thinker but this will probably lasts longer than this year. But we're so lucky because our scientist are working so hard and risking their lives just to find the vaccine that we are looking for. Looking and discovering the vaccine for Covid-19 requires a lot of time, effort, and budget. It is not that easy to look for an effective vaccine that we will use to fight the virus, it takes a lot of study before we do that.

Probably, as the economy of some countries are going down, and as this pandemic can lasts longer than we imagine, the government should look for an effective and precise plan to help the economy of their country to become stable.

That's one of the most important thing, not only the health sector that they should prioritize on.

As per the past efficiency of pharma industries, they may take another  1 to 2 year to develop vaccine for covid19 and until then we can expect pandemic things to be persisting. So, end of this year or after one year from here are not going to change anything for the economic related things; we must need to adopt ourselves to live around covid19 along with "new normal" standard for social practices. Already many countries have unveiled this truth to their people indirectly so that people will start realizing their responsibility to practice safety measurements when getting back to normal life from lockdown and will work for food and economic betterment.

I guess economic restoration will happen slowly as people cannot be staying within home for longer like year long. But, we cannot expect usual growth like what a country achieved in 2018 or before. Probably achieving half of that also will become to hard for most countries. But, once vaccine will be invented we can be sure about 100% of getting back to normal.

That's a very optimistic views out there. Yes, it is just only temporary and everything will go back to normal soon. We can get through this, after the vaccine is created, all sectors will be operate normally. We just need to help ourselves survive this pandemic and help each other as possibly as we can. This pandemic will end soon, claim it!


We really need to become used to it, we need to experience this kind of struggle for us to know the value of life and our money. This is a good lesson for us to value our lives than our money, it is easy to earn money than become healthy. We can only live once! We all know that our economy is in struggle right now, but we need also to help it grow just by paying properly and reasonable taxes so that our economy will soon recover from this downfall. Hopefully this businesses can really contribute to the recovery of our economy.

I see that the panic has begun to decline (unlike 3 months ago)..  the media has begun to no longer preach the corona and that is very good, the economy around the world will begin to return to normal but remain accompanied by fear, unproductive or just at home will not stop the corona from spreading, it only slows the spread.  the corona will not cause people in the world to die of hunger and hardship, the world is currently adjusting to the corona and we have to support that by implementing "New Normal"..

I can agree that the virus will continue to spread after this year, unless a really effective vaccine is found. One such vaccine is in the final stages of testing and should be available as early as this autumn for all EU residents, and then for the rest of the world. But the big question is how effective it will be, and maybe it will just give a false sense of security that can have a counter effect and even greater spread of the virus.

Unfortunately, the easing of measures in the EU has obviously led some to the idea that they can return everything to normal, so they organized a football match in Serbia (https://www.besoccer.com/new/new-coronavirus-outbreak-because-of-partizan-v-red-star-849057) in front of some 20 000 people (some data say 16 000 - other 25 000), which has already been placed in the category of a new virus bomb.

But to make matters worse, the famous (but not very smart) first tennis player in the world organized an  Adria Tour (https://www.telegraph.co.uk/tennis/2020/06/23/novak-djokovic-tests-positive-covid-19-following-maligned-adria/) in Serbia, which later moved to Zadar (Croatia), and everything resulted in a big scandal because Novak Djokovic himself and several other tennis players proved to be positive on Covid-19.

If people continue to behave like this, then we are definitely threatened by the second wave, although in some countries the first wave has not passed yet.

if this pandemic continues until the end of the year, this is clearly news that is very unwanted by many countries that are directly affected, especially for developing countries and poor countries.

certainly something terrible will happen will become a new epidemic, hunger. developed countries and the IMF must immediately help them to be able to help their citizens who do not work and do not have income to make ends meet.

but there is already renewed news that can be a relief because in some countries there are alternative treatments to cure those who are in critical condition. and is being constantly updated and tried to be used for prevention. I hope this new news can break the pandemic chain until it is not until the end of the year. although maybe economically it will be stable for a long time.

I am also worried about the same thing because after the easing period is enacted and shifted to the new normal era, at least every day there is always an increase in patients affected by coronavirus and even there are large companies that precisely in this new normal era shut down production so that more and more people are losing their jobs. The government will always try to keep the economy under control, so even though this pandemic continues, with these efforts at least the crisis can be minimized, because with this new normal era some industrial sectors can operate with established health protocols. Hopefully the vaccine for this problem can be found soon

The general optimism and reduced fear factor would lead to lesser precautions being taken and increased risk a second wave in most places and a longer first wave in others.
In my country we are still battling with rising numbers and the government has opened some sectors while others have been told to prepare to open up. More bank branches as well as markets are opening up with schools looking to open soon.
It appears people would have to learn to live with the virus until we get an effective vaccine, but then some would die from the virus and more efforts should be taken to prevent this.

If we take notes from countries that were more pro active in handling the virus and are experiencing lesser economic crashes, it would seem that effectively fighting the virus would benefit the economy.

There are lots of clinical trials happening by now but it seems that the formula for vaccine is hard to find, we already gathered the doctors and scientists of our time yet we can't still have it. I guess there second wave that they are saying is a spike or increase in number of cases since we already see it flattening. Hence, as we don't have the vaccine yet expect this situation to prolong until 2021 or worst in 2022. crossed fingers*

I thought of it too, instead of hoping to get back to our old routine just prepare for a new one for a new normal days ahead in presence of the pandemic virus.

most of small and medium sized businesses are going to close and won't be open in next year at least, because  rent payment is going to be higher for sure.
most of human population will have 0 saving and/or credit debt which is going to lower their purchasing power (dead small businesses once again).
unfortunately, criminal activity will increase everywhere.
If we're going to be kept like this for another 6 months I believe we will have to work this out for 2 years at least

Hopefully, the vaccine is found. Normal life might never remain the same should this pandemic continues

What if?  Hell, I'm expecting this to go on for the rest of the year at least.  Even if businesses start to reopen and life starts slowly approaching "normal" again, people are still going to have a lasting sense of being freaked out by all of this.  I don't think we're going to see physical distancing or mask-wearing stop at any time before the end of the year.

And who knows if we're going to see another round of infections, maybe by a mutated form of the virus.  That certainly could happen, though I'm hopeful a vaccine will eventually get developed and released.  We'll see.  This question OP asked has actually been on my mind lately, as well as when we're going to see an end to the general social unrest that's going on around the world.  It's pretty crazy out there these days.

Now they really predict that coronavirus will periodically manifest itself both in winter and spring of next year. However, they believe that the consequences will no longer be so painful, because people and governments have already learned how to deal with the spread of coronavirus. However, the global economy will not recover quickly. Its effects will be felt for decades.
The problems that have already been posed by unprecedented measures to combat the spread of coronavirus can still grow into mass protests of people, because the standard of living in many states has fallen to a critical level.

That's a crazy reason if your government leaders were pushing people to go back to work without even suggesting that those jobs that are flexible and the work at home scheme is applicable to them. Are you sure that your leaders were thinking like that?

Because if there is an option to work at home, that's the best for those workers. I understand taxation and fuel consumption which is basically one of the important needs for the economy to go back. But they must think of the health of their people first before taxes, oh well, if it's about taxes no argument regarding that against the government.

what is clear is that if it drags on until the end of the year, it is very predictable that another outbreak will occur. but there is already optimism from several countries that many drugs have been tried to reduce mortality and cure rates from those indicated severe. even though it has not yet been mass analyzed, there is no alternative because it must be used immediately. hopefully the drug that is starting to try can produce the latest news.

many countries have begun to loosen up by not doing lockdowns anymore for areas that are already green, but for areas that are still red it is still being done. easing with the aim of the recovery of economic movements in all sectors with of course still using strict health protocols. Physical distancing is very tightly implemented and the transportation sector is reduced by half that can be used with the addition of other transportation equipment, of course. then with the onset of moving the economy can at least reduce the burden borne by the state to provide assistance which would certainly seize foreign exchange reserves.

Personally, I think that this pandemic process will extend until the next year, not the end of the year, and will continue for a very long time. Especially if it is necessary to think that this pandemic process damaged the world economy more than human health, we are likely to encounter much more serious problems in the coming period. Again, I think that the world economy will not be able to withstand a second wave shock, and that this virus may cause more serious economic collapses if the spread rate of this virus increases again. It is a fact that many countries unfortunately do not have enough economic power to handle a second wave.

The pandemic is not going to disappear, it is still going to be with us probably until the end of the next year in which a vaccine would have been developed and distributed by then, but the economic effects are going to last probably even longer than that, how many business have closed down and are never going to open their doors again? And if anything else happens during the next year and a half then even more business that are struggling will declare bankruptcy, this could create a banking crisis and with governments as indebted as they are they will most likely fail to protect the economy this time around and things could get really ugly in a hurry.

There is nothing we can do to stop it, it looks like it will "persist" until the year ends however there is a big difference between how it started and how it is right now. Remember how Italy got all this many people sick? Because, there was thousands of people on the north side who believed heat helps and they moved to south side to recover and didn't cared about infecting others as well and that raised to a national threat level.

Now that is just one example, there was ton of other stuff that got affected as well in every nation, which means people are smarter now compared to back when it first started. We wear masks, even gloves to make sure and have been trying to avoid each other and stay away from each other etc etc. Even doctors know how to treat you well much better. So, I think even if it continues, it will not be as bad as it used to be.

Amazingly, investment banks don't seem to care though. According to a UBS analyst, they are banking on (and will continue to bank on) central bank stimulus and the ultimate success of vaccines and treatments. They don't care that COVID-19 seems to be worsening around the world and are assuming that health care systems are capable of handling the load.

Major bank turns bullish on global stocks despite a resurgence in coronavirus cases (https://www.cnbc.com/2020/06/23/time-to-turn-bullish-on-global-stocks-despite-coronavirus-risks-ubs.html)

In other words, stock prices at this point have very little do with actual fundamental company valuations. It's a very sick and twisted situation. I fear regular people are being fooled into believing the narrative that rising markets can be equated to a real economic recovery.

If there's one thing I've learnt, Its the fact that humans can adapt to any situation they find themselves. Although most businesses have stopped on-site activities and moved to a remote setup. At this point, Its clear that the pandemic is going to be around for much longer than expected – say till the end of the year as no effective vaccine has been released yet. Until then, We have to look for ways to adapt and move forward until a workaround cure for COVID-19 becomes available.

No matter how we tried, several sectors of economics will not function at full capacity. The goal should be to survive the pandemic for as long as possible.

The vaccine wont propagate any sooner then the end of the year and it wont reach millions of people this year at all.    So you have a variable restriction on some businesses depending on how reliant they are for close personal contact to perform business.     Apparently something as simple as a hairdresser have assembled a plan to reduce contact and slow the spread and shutdown of their sector by becoming hot spots but I think many mistakes will be made and lessons will have to be learnt.    People will naturally spread this virus and 1% or more will die is the impact for all of this year.
   The best or most optimistic news I heard was a breakthrough in vaccine development that could lead to some high risk receiving treatment by around December.   But mass production even in this ideal scenario is not occurring this year.   The neutral or worst case scenario is 2022 or 2023 for most people to be able to receive a vaccine.    So its pretty long lasting in how society will require to change and adapt to use greater distance or suffer fatal losses and health impact lasting months or years in some cases.

Of course things will not be the same just like how ut started. People have already learned lessons from the past so now they are more aware on following precautionary measures for their own safety. When it comes to our country's economy, the government is starting to uplift the income of the country encouraging all the workers to work again so that people can sustain their own needs already without continue asking for financial help in the government.

"If this pandemic continues at the end of the year. The worst factor is: (economic) growth is being held hostage for a long time.

If this happens, there is no other way that can be done, except: by avoiding people not depressed during the Covid-19 pandemic, the government firmly to support businesses, companies in their respective countries, don't mess with one fiscal & monetary decision on the world economy, what the government really needs to do is: find an accurate cure for (covid-19) sufferers, in order to cure the world economy today.

If the government cannot cope, a troubled stock market, a devastated exchange rate, foreign loans swell, oil falls, unemployment, etc.
The biggest threat to the world 'Economy' will deteriorate and destruction is in sight.

This is the concern of every country now like ours because after almost going back to normal now those places that has been no recorded infection for weeks is now returning back to the quarantine.
and now the president is giving warning if the case spreads again then there is no doubt that Lockdown will take place again and this time will be more strict and ruling.

Slowly, in our country, jobs are going back to normal.

People are actually getting back to their jobs and some actually are finding ways to get a source of income like for example, people are doing reselling in online shops. Some actually are starting to use the internet to earn money. The cases here are still adding up so I don't think it would be completely normal here, we should be used to the new normal and I think that would be for long.

Hard to know for sure what will happen if this pandemic continues to persist. Maybe many companies will become bankrupt and employees will be forced to quit their job. The world economy may face the big crash which pushes many people to suicide lol

However, as you can see, many businesses know how to maintain their work and their system by using many types of new technologies such as Zoom, online broadcast,etc. And as we are human, I do believe that we will soon find their cure or at least the way for others to walk with. Human is an astonishing creature who can do anything to rule the world ;)

Unfortuanelty the chances of corona still being around next year are not so small. COVID 19 infected the hole world with million of cases everywhere. There is not one circle of corona around the world, but different states in different countries. Like NZ already being corona free or European countries already containing the virus and reopening the country. But in South America or India for example the numbers are still rising.
Once international travels become normal again a potential spread of corona could happen very fast again. Especially if there will be new variants of covid, smiliar to the flu.

Losses. If the government isn't able to give a solution with regards to economic development, then expect a spiraling down economy for every country affected. Even those that have recovered would most likely experience the same effects. You can expect it to be slow, but surely we would still end up with the economy crashing in the end. With the current regulations set by the government, you could see that at most, they are just barely trying to keep the economy alive.

If the government could support the flow of the economy properly, then we could somehow survive for the year, but honestly, I have doubts about such things happening. They're probably instead trying to deal with the possible effects of the inflation, instead of trying to stop the inflation itself. Guess they kind of gave up?

Of course, the crisis will drag on until the end of the year. I think the crisis may last several years. No need to waste time. We need to learn something new, acquire new knowledge. Many people may lose their jobs because the number of jobs has declined due to the virus. I think first of all we need to find a vaccine for the virus so that the world can return to normal life. If this does not happen, the economies of many countries will be completely destroyed.

We hope that the crisis will not stay too long because I think it is not good for people who are suffering because of the pandemic. They don't have jobs to earn money, and although many of them are trying to search for a new job, it seems, the company has a new rule in this pandemic. Many of them still hard to survive, and maybe that can lead to increases in the crime. The vaccine itself will be discovered soon because many countries still try one by one to find the right vaccine.

Well, that's what this crisis does. It makes us resourceful so that we can live and survive until this pandemic comes to an end. However, as jobs are slowly getting back to normal but the curve is not flattening, it's still risky to go out. But it's a sacrifice people has to make for their family.

We're halfway through 2020 and there's still no vaccine available, so it's not impossible that the pandemic will persist till the end of the year. Our President, PRRD, even said on a briefing that the vaccine might be available at the first quarter of 2021. Each and everyone of us should really help each other out so we can get through this. Those with the capacity to help shall help and keep ourselves healthy to fight this virus.

If that will happen and there is a huge possibility that pandemic will spread more maybe until next year as long as there is no cure.Then our life will surely become more worst specially the poorest among the poor. And the unemployment will increase. Each and everyone  of us specially those with enough capability to help should extend their helping hand for other.

I dont give even 5% chance that pandemic can be stopped before end of this year. It is possible that vaccine will be made but it is almost impossible enough will be made that 5 billion people gets vaccinated. Mid 2021 seems way more reasonable goal or at least before end of 2021. If we dont get vaccinated people by then then we are really in deep shit.

Many of us pray for the crisis to end up as soon as possible but for seeing the current situation seems possibly we will still experience this mess until next year but hopefully by September their is a vaccine created since I'm really praying for those on clinical test to became successful so that we can go back to our normal lives.

If no vaccine found this year or even next year for sure crime rate will increase due to hunger since I'm sure many people will loot some goods out of desperation.

For me I think global economy will severely suffer if this pandemic doesn't go away this year. Think of those small and huge businesses which are bankrupted already, its been only 6 months but there's already a huge drop in the price of bitcoin. I know all of us are suffering including the government but that doesn't mean that it will take forever. This pandemic is only temporary and we can get through this as soon as possible. Proper management of your assets are required for you to prevent financial problems. Some governments are already implemented some solution for the people to open their business with new set of rules and regulations just for the people to pay their reasonable taxes. By that, little by little the economy of a country will somehow recover until we eliminate this virus completely.

Aside the trial conducted by the oxford university, there has been numerous research also by many nations and according to research and news online, it is very likely we have the first proven vaccine ready by the end of September which is still far, however many countries are already trying to mitigate the effect of the pandemic on the economy which has resulted into partial opening of some business through the countries. The same with schools. A lot of college have started planning to resume taking prior measure to reduce the spread of the virus

This is true this pandemic is really worse many people affected of this virus. Many people have lost their jobs nothing to eat on their table. This pandemic will persist throughout the whole year so whole country is affected but once the vaccine is ready we can go back to our normal lives. Actually, this is a lesson to many to be prepared when everything unexpected happens.

Saying everything is going to become normal within 6 month is like being too optimistic. But, I really hope, things change after this year. I hope normal comes back.
I would say everything will start to reshape. We maybe facing troubles right now, but eventually will get used to it and we will bring in a "new normal".
The economy is currently facing a problem, but remember, in the long run, the economy always tends to reach the equilibrium.

its just a matter time when we get used to a very worse condition humans are resilient in any circumstances people even live on isolated deserts.  when finally we find this new normal to be comfortable enough you won't mind anymore wearing what a woman Muslims wear. in fact they are comfortable with it already before Covid19.

if after a year nothing news from WHO about virus vaccine its going to be chaos. we all have a boiling point, people go out. movies like post end of the world might just be true  :D  i hope not. economy grow back it takes time.

That would really take long and I don't know if the people could survive that.

There are those places that are safe but there are a lot of them that are prone to the virus especially those close to the capital of the country. Right now the Visayas is the focus of the MGs since most of the cases are from there because of the "Balik-Probinsya Program" which is good for those people stranded but worst for those people that should be safe from the virus. That is just bad decision right there.

Many people are speculating that pre-COVID global economic levels won't return until 2023. I'm also inclined to believe that, news came out today that the EU is considering banning travel from the USA due to their inability to manage the virus.

I don't see the US or any other major country slipping back into lockdowns, not anytime soon at least. If more lockdowns are to come it won't be until the fall months start and COVID-19 cases start spiking again as many medical professionals predict will happen. Even then, take the US for example which is already experiencing record high spikes, there is no intention to go back into lockdown, the only other possibility would be a democratic governor locking down the state to economically protest Trump, but that seems unlikely as they would also be shooting themselves in the foot economically. I seriously don't think the economy could support another lockdown. I think the goal, especially in the US, is to just defund testing centers to hide the real numbers and try sweeping it all under the rug.

The pandemic will most certainly persist until the end of the year if not longer depending on where in the world you are.

I personally think we're living through a paradigm switch, China already has been working for decades to build new economic infrastructure to establish what the CCP calls "a post-American world", there's also been a lot of tension lately between China and India, Syria is still a flashpoint, Iran and North Korea remain nuclear threats, and when you toss a pandemic into the mix, things don't look good. Usually, when the world has been faced with a pandemic coupled with geopolitical, and economic tensions it has resulted in a paradigm shift, automation usually speeds things up too. Maybe I'm pessimistic, but I just don't see a way in which things ever go back to the way things were before COVID-19, and honestly, I think there's a growing number of people who don't want it to.

It has been months since the spread of corona virus and those months have been hard for all of us, not just because of our work, studies, and everything but also because of financial problems we're facing and economic loss as a whole. It is really hard to go to work for those people that needs to go to offices, studies are done online, and lot of activities are cancelled. Traveling is harder than before and even physical communication is hard. Everything is harder with this pandemic. If it will last for more months to come, it will even be harder for all of us, especially to us living in a third world country. The government would not be able to supply foods and assistance for poor familiies in more coming months that don't have any other way of living available other than those work they have that needs to get out of the house and make physical contacts and communications.

Sometimes I wonder if economists are really the ones running the economy or politicians. By design, the economy shouldn't be politicized, but the reverse is now the case. Government most times runs the economy for selfish interests which most times leads to immediate gains and severe future consequences.

The job loss, increase in unemployment, and other problems you have mentioned here were as a result of shutting down the economy. The government has done that and they now see that it’s not going to work since it’s having a negative effect on their country’s economy, so they have to look for other means to fight the virus and also let people return for their daily routines. Already this has affected so many countries and so many people are now jobless with no means to take care of their families.

The worst part of it is that there is now a protest going on in some countries and people are at the risk of getting infected and increasing the number of cases around the world. I hope the vaccines arrive quick to save all the humankind from economic collapse at least (yes I am aware of vaccine is to save us from virus infection but I say about saving people first and then people will save economy of global afterwards 8)).

This is inevitable, it's already predicted that our economy will struggle and we will be in crisis, so we have to be ready facing this reality.
Lucky are those who have jobs now and those who have business that are open until now as they will survive and continue to make money, but we can't deny the fact that due to this pandemic, a lot of lives are already affected, some loses their job and some companies get bankrupt, this is happening, and it's happening globally.

It happened to alot of country and now they suffer because of the pandemic. Alot of third world country has no firm grip on how to handle the pandemic in their country, some are only hanging on a thin thread for now. If pandemic still exist for atleast 1 or 2 years than those country would be the one that suffer the most

Government, politics and economy are three inseparable things when you run a country . Humans are the worst kind when it comes to big sum of money therefore alot things that happen in a country is actually a result of few bad decision which lead to lower economy level of the respective country

Some economic observers in Indonesia assume that Goldman Sach's statement and several events on the stock market are coded. At the end of March Berkshire Hathway released about 70% of their shares in various investments. Warren Buffet is an investor who keeps stocks for the long term and suddenly decides to hold cash. Analyzing what is done by the Wallstreet ruler and circle group is important because Wallstreet is where the dollar is circulating, so the action of the real money owner can provide a real picture of the situation. If giant investors leave the market, only a small investor will play. If the market crashes, the victims are only small players, while the big ones have saved themselves by holding cash.

Hard Truth: The pandemic is not going anywhere.

See , we have seen companies selling drugs in the name of coronil and all but at the end of the day *What drug would work on a virus* ? , We cannot use the same ones for more than a specified amount of time.

Our best bet would be  Vaccination.Which some companies say that they will be releasing by the end of September or so . Even after the vaccine , comes the production and usage of the same. It would take a lot of time for the government to make sure it reaches to everyone.

Lets talk about polio


Now it's eradicated but it still took a lot of years for the same , therefore corona virus is going to be here. We have to make sure that we adapt in regards to the same so that we are able to follow the day to day routine without any problems.

What we can do is : Adapt
Pandemic is going to last at least 2 years more ~
Economic situation is going to plummet soon enough since we are seeing premature opening of the public places . Most countries need to get ready for the second or third wave.

I don't think it's going to end right away, as long as the vaccine has not been discovered for the virus, it will take longer. Because it is very contagious so the number of infected is rapidly increasing and that's the big problem we cannot destroy it quickly it can transfer to another person so fast. We need to strengthen our immunity for us to survive.And if we're capable let's learn how to help others for them to survive also we cannot entirely depend on the government.

Lot of people lose their job, give up their job, trying hard to adjust in work from home set up. Lockdown for couple of months makes and makes the economy down yet cases were still high, and looks like it yes will persist until next year. Opportunities are now lessen, but despite all of this, let us just be thankful that we are still alive and has chance to see that there will be cure to this virus so the economy will bloom again. After this pandemic maybe relationships of some country was built due to they help each other.

I guess it's an end for some people who suffer a lot from the beginning 'cause every day they're living with nothing, hope is losing.

People who are in moderate living can also suffer if the pandemic continues 'til the end of the year.

Right now, our nation is already done, the corrupt politicians find this pandemic as an advantage for them to gain more money by loans but can't see where it goes.

The worst thing is that even if they cure someone with that virus, then there's a chance that person can get infected again if it somehow got contact again as there's no evidence that we can gain an anti-bodies to combat the virus. We could only treat them but we can't completely combat it.


But the question here is when? There's no doubt that scientist are doing their best to find a vaccine for the virus but how long are this going to happen? a lot of businesses are shutting down and a lot of people are suffering financially. If worst comes to worst, this pandemic might even extend next year which will hugely affect the overall livelihood of a family.

I know someone who doesn't have a virus in their family but is suffering financially as their business is going on a huge loss.

But still, we can only hope. There are currently 100 projects going underway to make a vaccine but there are 8 who shows promise. If you want to know more about the ongoing studies about the vaccine, read some here https://www.healthline.com/health-news/heres-exactly-where-were-at-with-vaccines-and-treatments-for-covid-19#Vaccines

You might find it useful.

there must be a strong desire to be able to respect each other by continuing to implement existing health protocols to prevent continued transmission.

health protocol:
-Wear a mask both healthy and sick.
-Keep the distance between people at least 1.5 meters.
- washing hands from touching anything outside the home.
-Do not hold around the face area before washing hands.

because usually the neglect that is done is very pronounced and often done without care, for example the use of masks alone is still a lot of neglect. how do you want to break the chain of transmission if a small thing is not followed correctly. sorry for those who already care but eventually contaminated it because of dishonorable actions taken by people who do not comply with health protocols.

as long as there are no drugs and vaccines only that way (according to strict health protocol) can break the chain of transmission so it does not continue to dissolve and continue to grow.

on point

there are some theories that the disease may become endemic, so we'll learn to live with it and adopt secure protocols
kind like HIV/AIDS in the past.

Taleb talks a bit more about the importance of masks here:
https://medium.com/incerto/the-masks-masquerade-7de897b517b7

Even those that have businesses are not entirely spared. Though it depends on the nature of the business, but generally, customer patronage has gone low since the pandemic.

Governments are the responsible ones that should find a way to continue life while also keeping people outside of their homes as well. I know that many people have seen the rising number of cases since the new end of lockdown period so they are thinking maybe we should go back to our homes and wait for it to be over but that is not a solution. You can't just stay at home forever, there needs to be a point where everyone gets out, I am fine with another month or two maybe at home but eventually that needs to be over as well.

So, we might as well try and find a way to stay outside and still keep the infected number down. I am not even sure if I ever had corona and got better, not everyone shows symptoms so at the end of the day we need to take this risk and find a method that gets better while also staying outside at the same time.

we really have to prepare for the worst. it's just that, in my country, activities have started returning to normal. however, I don't know what will happen to people who lose their jobs, it seems like they need to find a new job. to be honest, until now, the pandemic has no specific treatment. it's just that people no longer care about the situation and return to activity.

Yes, until there is no such vaccine this pandemic will last long because eventhough how tight the goverment to implement the enhance community quarantine there were people that will disobey on going out to secure food since the goverment cant fully support the entire community for the basic needs of the people. if we can't flatten the curved on this pandemic by end of this year then this will create great impact for the collapse of economy and chaos will rise.

I think if this pandemic lasts until the end of the year nothing has changed, things will remain the same as now. And we are all able to
face this pandemic for 6 months, it should also be faced by the end of the year too. Because humans have reason and mind, they should
be able to adapt to the corona virus. Then with technological advancements, I am optimistic in the next few months a corona virus vaccine
can be found.

For people who don't have any resources surviving this pandemic is between life and death, without any help
from the government or any institutions, they won't survive,



Indeed, savings won't be enough if the virus continue and extend it's stay, people who losses job and small businesses
will suffer again, government assistance is in need.


Sad truth, even this pandemic virus can't change the minds of those corrupts politicians, you'll still be hearing from
the news that there officials who still stealing from the government funds.

As we expect there is a chance that most of the people today are afraid on this virus because there are still widely spreading on it, but still it is better if we are looking forward on it like being a positive, even there is a chance the number of people getting increase still we need to become optimistic that this kind of situation will be gone.

I know some of you are getting afraid right now and getting down to all of things happen in our world, now I want to share my situation here as a motivation because some of people infected before are now slowly recovering and getting back to their normal lives some of them donating their blood and use as anti bodies to cure other people. Even there is a pandemic outbreak don't stop to think the positive side that will soon we will catch up.



Let's think that the virus are already done we cannot tell to the people they are already safe because still deep inside there is a fear on them and by securing their selves still they will wear their mask to become safe and specially to the people which is the virus free now has a trauma and they will double their safety especially their health.
For now some of the remedies today are using by the other people and the doctor while the vaccine are still not created and by the help of it some of them are now on the state of recovering. I hope they will finish creating the vaccine as soon as possible.

If the thing happens, it would be so terrible for of us, this pandemic makes so many economics fall because it makes people jobless because they need to stay at home to prevent the virus from spreading to anyone. If this pandemic will continue until the end of the year there would be many people who will be hungry and the economy will fall rapidly because there would be businesses that will continue because of lack of manpower so if we don't want this thing to happen, let us all help each and everyone to stay at home if you don't have the money you may work online jobs.
Well said, there are many people who are now experiencing stress because of thinking that it would stay so long and they don't know already what to do to feed their family.

what can you say on the situation right now ? better than before i guess  . workers are now back on thier job and country can now move slower  . its okay if this last for sometime   .

no choice anyway but to adapt than to die for this virus   . if we think this is good for us then we should go with the flow and avoid complaints for a while  . vaccines are also said to be available next year and not next moth based on the source that i read last day    .

We can all imagine what would happen next if the Corona epidemic did not go away by the end of this year. The coronavirus has damaged the economy of every country and many business sectors have already been severely damaged. The tourism, aviation, education, and health sectors of almost every country have been severely affected. If this epidemic situation cannot be eradicated by the end of the year and it becomes long term, it will bring a terrible situation for every country. Especially in the aviation, tourism industries and also small businesses may not be able to conduct their business activities and may lead to food crises and humanitarian situation in poor countries. Therefore, it can be said that if the coronavirus epidemic is not eradicated by the end of this year, the extent of its damage will spread widely around the world.

World economy is not capable to survive with 1 year of isolation

But I am sure that every country will try to survive, even if it's hard to do because they don't want to give up the situations. Right now, in this new normal, every government still try to cure the infected people and try to watch their people from the next wave that might happen. They use strict protocol just to make sure their people are safe, and they need support from every people in every city to help them prevent the virus.

We can see this article as an illustration of the condition of the world if the pandemic is prolonged. The biggest effect is on the economic sector with a structural change in the world economy due to central bank policies pouring stimulus so that many countries are trapped in debt after COVID-19.
https://www.visualcapitalist.com/whats-at-risk-an-18-month-view-of-a-post-covid-world/

Many developing and poor countries because their foundation of the state is weak so that only the system is swayed. The fragility of the country that was hit by the pandemic gave rise to a more substantive threat, namely the threat of military sovereignty from outside. Then the threat from the internal side is a high-intensity security disturbance that threatens national security and stability. Other asymmetrical threats such as drug invasion or outside ideology. With so many threats arising from a pandemic the concept of defending the country must be strong from within, with the military as a leading sector supported by other components who are ready to defend the country.

For sure it will take long to fully recover. Due to long quarantine period, economy's loss is not a joke. It is a very big challenge to the Government. Up to now, there is no cure our country has no choice but to let employees go to their work to at least earn some money and help the economy.

The pandemic has a lot of side effects, the one which you mentioned above is the worse one as losing a job is one of the most difficult thing one could experience. Life is becoming normal in few places of the world but the covid19 pandemic still exists and no of +ive covid19 are increasing everyday. Perhaps people have accepted that they have to live with this because they can't afford to seize their activities for so long.

I don't know when this pandemic will end. This epidemic makes the lives of people on earth very different from before. The economy began to fall and many people lost their jobs. If it continues until the end of the year or the following year. Life will be adjusted to the protocol to avoid the spread of Covid-19, people will always maintain cleanliness. People began to adapt and it had become commonplace.

New Normal's life and coexistence with covid are choices that must be followed. The economy will start to grow again even though this pandemic still exists. Believe all will end well.

Without the vaccine, we will still suffer hardship on daily basis of our lives and the new normal will always be right on us. We will still remain vigilant towards  people around us in order to stay  away from infection of the virus and always practice healthy lifestyle to build stronger immune system.. If this pandemic will prolong enough,  world economy will be having a hard time to recover from this endeavor and every countries will deal with great loss. That's why vaccine is all we hope to end this pandemic once in for all.

If the economic situation run normaly then they will work as normal, I mean the company will call them again to work. Like myself, I've been one month to stay at home and didn't work because my companies has decided to laying of all the worker due to there is no order. And they are promise to call the worker back in September and I know that is long time, but I understand with the current situation. I need money/all worker need money but the situation doesn't support for them to start a production back. Yeah, we hope this situation is end quickly and I can work again.

So many lost their life due to the virus, some are Dieing without food because of the same virus. Whole world is suffering due to coronavirus.

This is the beginning we will see more worst situation within the September it's not gonna end this year.. All doctors scientists are trying to find medicine for this. Hope they will find medicine soon and save the world.

It's a huge loss don't know when this crisis will end. Do not spend much save for future so that even if lock down we can manage for food atleast.

Due to the pandemic we have to accept the new normal and the government should implement it strictly so that the effectiveness of not spreading the virus will be attained. It's better to open the economy while implementing the new normal than to lock them all down which is not gonna work in the long run. They said the vaccine is already out on some countries but it will be available in mid September or October. The government is doing what is going to save the economy but with the right and proper guidance on how to follow strict protocol to minimize the spread of the virus it should be fine than to lockdown all of the people while the frontliners are working hard.

Well said, save and if possible to keep your money in order to survive with this pandemic virus, vaccine still in testing process
it will take longer time before it will be available, not ready yet even there's test that being done the virus still spreading and
people needs to be more extra careful, if this extend its way more damages can be done, we need to help each others avoiding to
interact if possible can save you from being infected.

Also the governments are saying that they are donating food for free to the poor people, but the harsh truth is that in my area there are a lot of homeless people and no one is actually caring about them. If this pandemic persists till the end of the year then there will be a lot of casualties, even more than the predicted numbers by the WHO. Also the beds in the hospitals are drying up, so you should always take all the precautions while outside your hous so as to be safe from this virus.

This is why our economy and stock/crypto markets will die eventually (if we'll remain at our houses because of the virus)
I suppose we have 0 understanding of when is cure to corona will be ready.
Then we know for sure - we can't save our lives at home endless due to limited money.
I guess people now just has to risk their lives from starving first, the corona second

Different countries do have different timelines as to when COVID-19 has been recognized to have directly or indirectly affected its citizens.

More importantly, depending on how each country responded to the pandemic (for both medical and economic situations), including whether or not there'll be a cure and/or a vaccine to be discovered as soon as possible, these are just some the factors that will really determine how long this pandemic will last.

With the way things are going right now, we all already knows that the virus will be around even until the end of this year. No cure has been found for treating the virus, not even the vaccine has been released. And there has been a protest lately that is for sure going to increase the number of those with the Coronavirus. Apart from that the government has eased the lockdown since it’s hurting economies, now they want people to go back to their workplaces. So with all these things you already know that the numbers will go up and more people will be infected. Unless by God’s grace a miracle happens.

The virus will be around for a very long time and everyone needs to be careful while walking in a crowded area and there is nothing that can be done.

It is not that easy to produce the vaccine just like that, it will take year to use that on people and that too after intensive testing and even if a successful vaccine is created it will take around a year to get that produced commercially.

The government cannot shut down the entire country for months and destroy the business of millions and force them to bankruptcy as the government will not compensate for the loss you make during these lockdown period and with that in mind the government cannot force everyone to shutdown either.

Not effective way how to stop covid 19 because until today not country success getting medicine for this virus, maybe we need waiting one years will effective virus covid 19 could stop and get new way to resolve all problem right now. Many people waiting for when they can travelling around the world and many countries open for tourist.

But we can prevent the virus from spreads among the people if we all obey what the government suggests. Unfortunately, not all people realize that, and they underestimate the protocols because we might see many people is not concern about healthy. People come from another city, and they don't isolate themselves for a while, but they are free to go anywhere. If that happens every day, I am afraid that we will see this pandemic will exist for a long time.

Without any proper vaccine this won't be possible at all, because then the quarantine will be necessary for every person who travels to other countries so as to stop the spread of COVID. Moreover the cases are also rising day by day and this can be worse if the poorer countries also experience an increase in number of COVID cases which rise exponentially by community spread.
Vaccine trials will take much more time than expected because of human trials and other formalities.

If the pandemic does not end until the end of the year, we have to do something to survive. Maybe I try to live economize,
by buying some items that are considered important. Then try to find ways to make money from home, because if a pandemic
still going on the safest way to stay at home. And finally by running the health protocol to prevent the spread of the corona
virus. By doing that, I am sure we can all survive until the end of the year or be able to survive until the vaccine is found.

If this pandemic still roaming at the end of the year, then the economy might gradually decrease. The covid might make trillions of lose in global economy since some businesses cannot operate well and since some country temporarily closed their place. Mostly of people too will faced a day to day struggle in finding how to resolve their daily needs.

There are many news that talks about having the cure in the start of 4th quarter.

But of course this is not what we must expect because there might be a misleading towards this for the world to get easy and back to normal,

There is also some talks about This virus is not that hard,and this is not true pandemic because those past pandemic all of the victims died and did not survived.

---

But about if this persist until the whole year?then for sure the world will suffer in deeper loses and might not recover the whole next year.

I don’t want to scare the community, but there is still information that the virologists from several institutes in the UK have presented to the world that there is a very high probability of getting a second wave of the coronavirus pandemic. If you take into account the official statement of the US government, then America already has a second wave, which is spreading in such States as California, Texas, Florida, Arizona, Georgia. According to data only on Saturday, June 27, 44 737 cases were detected throughout the country. scientists suspect that the second wave of coronavirus may be a little more complicated than the first wave. their research is based on the situation with the Spanish flu of the last century, when the second wave of the virus claimed much more life than the first wave.

The middle and poor classes will be affected by this epidemic, and many people will start to suffer due to delayed salaries or job losses.
Many governments will begin to gradually lift the restrictions and the movement will return to life.
I do not rule out that the balance of power will change and that some governments start imposing more taxes against the middle and poor classes.
The gap between these two classes will be reduced.

The most frightening thing is of course when talking about this corona pandemic if it lasts until the end of the year. clearly there are still six months to go and something could happen, and no one can predict exactly.

the good news, of course, is that if drugs and vaccines can be found, the pandemic will end and return to normal. if not also found drugs and only do "physiscal distancing" is very vulnerable. because the level of concern of people is very diverse and there can be no guarantee of going well, it must be remembered that "physical distancing" only limits the healthy so as not to be infected with the sick.

the world economy will certainly be disrupted if until the end of the year it is still sustainable, because all foreign exchange reserves of each country must be issued to cope with this pandemic. from purchasing medical devices and assistance to unemployed workers and directly affected poor people.

what is most feared for poor countries is that there will be a new pandemic besides corona, of course, hunger. This is very scary and can be more dangerous.

This is the biggest issue, returning to our activities makes sense as we cannot stay in our homes forever waiting for the vaccine, but at the same time it is as if people are forgetting that we are in the middle of a pandemic and that we need to take care of ourselves, this is something I am seeing in my country and I do not like it one bit as the number of cases was climbing even when we were still taking many precautions and that number will only grow as people relax the measures that slowed down the virus, and this is really bad news for the economy as many businesses that have not opened their doors will be forced to keep closed and many jobs will be lost because of it.

   Anstren I agree with you about one thing, the middle and poor class will be affected, and that's never change. In every bad this
two classes suffer mostly. About reducing the gap between these two classes I don't agree, I have the opposite opinion about this
the gap will be wider. In last 50 years system makes poor people very poor, and lower middle class doesn't exist anymore. Higher
middle class is now a rich class. The gap is wider then ever and we need big changes to reduce that gap.

I fear that if the population keeps going outside and ignore all the warnings about the masks this will end very badly even if it continues for just 2 more months. Yes, governments of the world decided that it is time for people to back outside but they didn't say they could go outside like everything is over. You should still wear your masks and if you can even wearing gloves would improve your chances of survival higher.

If you go outside because you are allowed and not wear any masks, you are not only endangering yourself but you are also endangering others as well which is why I think you should definitely be careful, even if you do not think for yourself at least think for people around you. I have successfully managed to still stay away from people even though I am allowed to go outside, it is really not a good time to go out right away today, I will wait for idiots to get infected first before I do anything.

Whoa! that will be a definitely take a toll on this industry as well as any growth we expect to see in the future. This pandemic has stalled so many projects and developments already. This has weakened so many economies inthis world and if this should really go on for another 6 months then surely most countries will end up with huge debts.

I think we need to be really worried if it persists as bad as it is now for the rest of the year.  I think we are already going to see massive unemployment beyond what we have now, a very sizable drop in the stock market, and countless of effects short, mid , and long term on the economy and peoples livelihoods. 

In our country the devastation is already felt, for over 3 months of lockdown I can tell that it already affected every sectors and if this crises will take longer it will be a different story.

The government funds will run out for sure and government loans will pile up, unemployment will continue to rise because a lot of businesses forced to close even at this moment.

The way the pandemic is going, it might persist till the end of the year unless there is a vaccine or any other quick recover identified. The past months have been serious challenges for all sectors of the economy and there is no sign of getting better. This has though many that one source of income is not enough to balance financially in this challenging world.

Of course, a vaccine is the only way that we can really stop this pandemic which has been gripping us. But the thing is, we can't control when this vaccine are going to be release to the public as it is being tested in many laboratories. What we can do is really follow protocols, (wearing masks, social distancing) if we wanted to survived not just physically, but economically as well.

Governments have no choice but to let some businesses to operate in this new norm. Because we can't really just sit up to the end of the year and do nothing and be defeated. So it's really a hard decision for nations to ease the lockdown, but at some point, we should start rebuilding and let our countries move on the positive direction.

I think it is going to stay until the end of the year no matter what people say. Even if we get the vaccine it's distribution to all parts of the world is still going to take a whole lot of time so it will definitely stay. But I think there won't be lockdowns anymore. People will now become much more habitual and they will now take this as any other normal disease. Also it has been proven that fatality rate is pretty low this has made people much more reluctant. Economically I think horrific would be the impact of the lockdown that we have already had. That would be pretty dangerous as we have already got a lot of problems like unemployment etc. to deal with.

That would be the case, and I think that is what's happening with other countries now.

In our country, the debt was added and most of the people here are actually wondering where it went. They think that the government is corrupting the money but we never know what really is happening behind it. Either way, I hope that we will be having the vaccine before we meet another year so we can leave this hellish year behind.

now the pandemic is predicted until the end of the year. in addition, the number of positive people has also increased. however, now people are getting used to the pandemic. some cities in my country are already doing normal activities. besides that, the numbers of positive people have also been rarely informed, maybe because there are so many.

It will last the entire year! New cases, higher numbers again, in my country we have some restrictions again. It will be interesting when winter comes again and when cold days rise numbers of sick people again, flue or corona, bad days are coming. We are waiting for second wave, but there can be a third as well. This year is a mess already, and some tourist countries will have bigger economic problems than now. They can just hope for vaccine, it's the only thing that can save this and future seasons.

Right up to this moment, there are already countries who have opened up their economy for the reason that the economic status of their country is already struggling that they seems to be not taking it any more specially its people so they are already opening establishments slowly on a minimal capacity so that production of goods and services would take place bringing people to get back into their works but with the consent of implementing strict precautionary measures to ensure the safety of the workers and the people visiting the establishments.

If the pandemic would still persist at the end of the year, then it would be so hard for the whole world to lift up the economy since most countries are affected by the virus. But implementing the "new normal", would really be a great help to somehow lift up the economic state even pandemic is still on.